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GameStop Raising Another $1.75B for Potential Bitcoin Purchases
Following the March announcement of the bitcoin treasury strategy, GameStop raised $1.3 billion through another convertible note offering. The company subsequently purchased 4,710 bitcoin for roughly $500 million during May. GME shares were lower by 10% in after hours trading.
Upon taking over GameStop, Cohen called for "extreme frugality," saying every expense must be examined and all waste ...
The video game retailer announced plans for a $1.75 billion convertible notes offering to partially fund its bitcoin purchase ...
GameStop upsized its latest offering of convertible senior notes to $2.25 billion from $1.75 billion, the video game retailer ...
Looking at the chart below, we can see that there were two major drops in GameStop's stock price over the past month -- one after each Bitcoin-related news item was announced. Overall, GameStop is ...
GameStop shares fell in late-Wednesday trading after the company announced plans for a big convertible notes offering ...
Circle’s stock soared again while GameStop shares swooned—but SharpLink Gaming’s fall takes the cake on a busy week.
Shares of the video game retailer GameStop (NYSE: GME) had tanked roughly 19%, as of 10:18 a.m. ET today. The company ...
As the video game industry goes increasingly digital, cutting out retailers for software sales, GameStop is pivoting toward ...
Video game retailer GameStop Corporation (NYSE:GME) recognizes its gaming business is under pressure and is turning to Bitcoin ...
1don MSN
It's been a long and chaotic journey for GameStop, the brick-and-mortar giant of the video game universe. As foot traffic declined in malls and digital video game purchases became more common, ...
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